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Fortaco completes the sale of its marine and energy business in Kalajoki and Sepänkylä in Finland

Fortaco Group Holdco Plc  |  PRESS RELEASE  |  1 October 2024 at 14.30 EESTOn 22 July 2024, Fortaco announced having signed an agreement to sell its marine and energy business in Kalajoki and Sepänkylä in Finland to Componenta, an international technology company and a Finnish contract manufacturer of metal components. The transaction is part of the strategic evaluation of Fortaco’s marine, energy, and heavy project businesses announced on 28 February 2024.   As customary closing conditions have been met, the transaction has been successfully completed on 1 October 2024. Further

Fortaco Group Holdco Plc’s Half-Year Review January–June 2024: Strategy implementation continues – core business and efficiency improvements progressing as planned

Fortaco Group Holdco Plc  |  Half-Year Review  |  26 August 2024 at 5:00 p.m. EESTThis release is a summary of Fortaco Group Holdco Plc’s Half-Year Review for January–June 2024. The full release is attached and available on our website at https://investors.fortacogroup.com.   Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year.   Financial highlights: April–June 2024   Reported financials   Note: Comparison figures do not include MauserCABS and Buisard Cabins that were acquiredin Autumn 2023.   ·

Fortaco sells its marine and energy business in Kalajoki and Sepänkylä in Finland

Fortaco Group Holdco Plc                               PRESS RELEASE  22 July 2024 at 15.00 EESTFortaco Group Holdco Plc’s subsidiary, Fortaco Oy (“Fortaco”) has signed an agreement to sell its marine and energy business in Kalajoki and Sepänkylä in Finland to Componenta, an international technology company and a Finnish contract manufacturer of metal components. The purchase price is some EUR 2.8 million. The transaction is part of the strategic evaluation of Fortaco’s marine, energy, and heavy project businesses announced on 28 February 2024.   Fortaco’s Business Site Kalajoki &

Fortaco completes the sale of its heavy project business in Hungary

Fortaco Group Holdco Plc  |  PRESS RELEASE  |  28 June 2024 at 2.00 pm EESTOn 10 May 2024, Fortaco announced that it had signed an agreement to sell its heavy project business (Fortaco Zrt.) in Jászberény, Hungary to Cyclus GmbH (50%) and Ask US Management s.r.o. (50%). The transaction is part of the strategic evaluation of Fortaco’s marine, energy, and heavy project businesses announced on 28 February 2024.   The transaction was subject to the approval of Fortaco’s bondholders and some customary closing conditions. As Fortaco’s bondholders have now approved the transaction and the

Resolutions of Fortaco Group Holdco Plc’s Annual General Meeting 2024

Fortaco Group Holdco Plc, Stock Exchange Release, 14 June 2024 at 10.00 EETFortaco Group Holdco Plc’s Annual General Meeting, held on 13 June 2024, approved the company’s financial statements for the financial year from 1 January 2023 to 31 December 2023 and discharged the members of the Supervisory Board, the Board of Directors and the company’s CEO from liability for the financial year of 2023. Use of the profit shown on the balance sheet and the distribution of the profit In accordance with the recommendation of the Supervisory Board and the proposal of the Board of Directors, it

Fortaco Group announces the successful completion of its Written Procedure to waive certain terms under the terms and conditions of the Bonds and certain security agreements

Fortaco Group Holdco plc, Stock Exchange Release 27.5.2024 at 21.30 p.m. EETFortaco Group Holdco Plc (the "Company") today announces the successful completion of the written procedure (the "Written Procedure") that was initiated on 10 May 2024 in relation to the Company's outstanding senior secured bonds due 2027 with ISIN NO0012547274 (the "Bonds"), regarding waiving certain terms under the terms and conditions of the Bonds and certain security agreements relating to, inter alia, the Bonds, as specified in the notice of Written Procedure dated 10 May 2024 (the "Proposal"). The last time

Fortaco Group Holdco Plc’s Business Review January–March 2024: Market demand remained soft – actions to improve efficiency progressing

Fortaco Group Holdco Plc  |  Business Review  |  27 May 2024 at 14:00 p.m. EETThis release is a summary of Fortaco Group Holdco Plc’s Business Review January–March 2024. The full release is attached and available on our website at https://investors.fortacogroup.com.   Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year.  Financial highlights: January–March 2024 Reported financials   Note: Comparison figures do not include MauserCABS and Buisard Cabins that were acquiredin Autumn 2023.   · Order intake

Supplementary information regarding Fortaco Group’s call for a written procedure and preliminary financial information regarding the sale of heavy project business in Hungary

Fortaco Group Holdco Plc  |  Stock Exchange Release  |  24 May 2024 at 13.00 p.m. EETOn 10 May 2024, Fortaco Group Holdco Plc (“Fortaco” or the “Issuer”) announced it had instructed the agent for the Issuer’s senior secured bonds to initiate a written procedure to request the bondholders to vote in favour of certain transfers of value, granting of loans, releasing certain transaction security, the disposal of certain assets being subject to transaction security under the bonds and carrying out of certain mergers between members of the Group (the “Written Procedure“).   Due to a

Listing prospectus for Fortaco Group Holdco Oyj's EUR 25 million subsequent senior secured bonds available; listing application submitted

Fortaco Group Holdco Oyj  |  Stock Exchange Release  |  21 May 2024 at 16.00 EETFortaco Group Holdco Oyj (the "Company") issued on 22 July 2022 senior secured bonds with a principal amount of EUR 75 million and on 3 July 2023, the Company issued subsequent bonds in an amount of EUR 27.5 million under the same terms and conditions (together, the "Bonds"). The Bonds have been admitted to trading on the corporate bonds list of Nasdaq Helsinki Ltd under the trading code "FORJVAIH27". The Company has again on 26 March 2024 issued subsequent bonds in an amount of EUR 25 million under the terms

Fortaco Group calls for a written procedure

Fortaco Group Holdco Oyj  |  Stock Exchange Release  |  10.5.2023 at 9.30Fortaco Group Holdco Oyj (the "Issuer" and together with its subsidiaries from time to time, the "Group") has instructed the agent for the Issuer's senior secured bonds with ISIN NO0012547274 (the "Bonds") to initiate a written procedure to request the bondholders to vote in favour of certain transfers of value, granting of loans, releasing certain transaction security, the disposal of certain assets being subject to transaction security under the Bonds and carrying out of certain mergers between members of the Group (

Fortaco sells its heavy project business in Hungary

Fortaco Group Holdco Plc  |  PRESS RELEASE 10.5.2024Fortaco has signed an agreement to sell its heavy project business in Jászberény, Hungary to Cyclus GmbH (50%) and Ask US Management s.r.o. (50%). The current Managing Director, Mr. Uwe Sträter to continue as Managing Director and one of the owners. The transaction is part of the strategic evaluation of Fortaco’s marine, energy, and heavy project businesses announced on 28 February 2024.   The business offerings include the whole steel fabrication process from ready-to-weld parts, welded, machined, and painted high-strength steel

Fortaco Group’s Annual Report 2023 has been published

Fortaco Group Holdco Plc, Stock Exchange Release, 22 March 2024 at 14.00 EETFortaco Group has published its Annual Report for 2023. The Annual Report includes the Report by the Board of Directors, the Financial Statements, the Auditor’s Report and the Corporate Governance Statement. The Annual Report is attached to this release and available to read and download on the company’s website: https://investors.fortacogroup.com/reports/. Fortaco Group’s Financial Statements in accordance with European Single Electronic Format (ESEF) reporting requirements are published in Finnish. In line with

Inside information: Fortaco Group successfully issues subsequent bonds in an amount of EUR 25.0 million

Fortaco Group Holdco Oyj, inside information 11.3.2024 at 7.30 p.m. EETNOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN CANADA, AUSTRALIA, HONG KONG, ITALY, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN, THE REPUBLIC OF CYPRUS, THE UNITED KINGDOM OR THE UNITED STATES (OR TO ANY U.S. PERSON), OR TO ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL, EXCEPT AS SET FORTH HEREIN AND PURSUANT TO APPROPRIATE EXEMPTIONS UNDER THE LAWS OF ANY SUCH JURISDICTION. Fortaco Group Holdco Oyj (the “Group”) has, following a bookbuilding process, successfully

Inside information: Fortaco Group investigates the possibility to issue subsequent bonds under its existing bond framework

Fortaco Group Holdco Oyj, inside information 8 March 2024 at 8.30 a.m. EETNOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN CANADA, AUSTRALIA, HONG KONG, ITALY, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN, THE REPUBLIC OF CYPRUS, THE UNITED KINGDOM OR THE UNITED STATES (OR TO ANY U.S. PERSON), OR TO ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL, EXCEPT AS SET FORTH HEREIN AND PURSUANT TO APPROPRIATE EXEMPTIONS UNDER THE LAWS OF ANY SUCH JURISDICTION. Fortaco Group Holdco Oyj (the “Group”) has mandated Pareto Securities AB as sole

Correction release: Fortaco Group Holdco Plc’s Financial Statement Bulletin January–December 2023 (Unaudited, IFRS): Core businesses performed as planned

Fortaco Group Holdco Plc Stock Exchange Release 29 February 2024 at 16:00 p.m. EETFortaco Group Holdco Plc's Stock Exchange Release published earlier today at 14:00 had an incorrect release category. This correction release has been published in the release category Financial Statement Release. The content of the release has not been changed in other respects.   This release is a summary of Fortaco Group Holdco Plc’s Financial Statement Bulletin January–December 2023. The full release is attached and available on our website at https://investors.fortacogroup.com. Note for the

Fortaco Group Holdco Plc’s Financial Statement Bulletin January–December 2023 (Unaudited, IFRS): Core businesses performed as planned

Fortaco Group Holdco Plc Stock Exchange Release 29 February 2024 at 14:00 p.m. EETThis release is a summary of Fortaco Group Holdco Plc’s Financial Statement Bulletin January–December 2023. The full release is attached and available on our website at https://investors.fortacogroup.com. Note for the reader: Fortaco Group was acquired by One Equity Partners in September 2022, and the new Fortaco Group Holdco was established. In this report, figures in parentheses refer to the corresponding period from the previous fiscal year and are based on the financials of the acquired Fortaco Group

Strategic evaluation of Fortaco’s marine, energy, and heavy project businesses ongoing

Fortaco has started a strategic evaluation of its marine, energy, and heavy project business. These business areas represented less than 10 per cent of overall net sales in 2023 and had negative EBITDA. The Fortaco business sites operating in these segments are located in Finland, Hungary, and Serbia. The strategic evaluation is expected to be completed during H1 2024. Further information Lars Hellberg  President & CEO, Fortaco Group    +358 40 572 9488    lars.hellberg@fortacogroup.com

Correction: Fortaco Group Holdco Plc’s Interim Review January-September 2023 (Unaudited, IFRS)

Fortaco Group Holdco Plc, Stock Exchange Release, 1 December 2023 at 17.00 EET This is a correction to the Interim report for January–September 2023 published by Fortaco Group Holdco Plc on 29 November 2023 at 20:30 EET. In the table of the Consolidated cash flow statement on page 11 of the Interim report January–September 2023, in the line “Investments in property, plant and equipment and intangible assets” and “Used collateral deposit”, incorrect values are indicated for the periods 1–9 2023 and 7–9 2023. The correct values for Investments in property, plant and equipment and

Fortaco Group Holdco Plc’s Interim Review January-September 2023 (Unaudited, IFRS)

Fortaco Group Holdco Plc Stock Exchange Release 29 November 2023 at 20:30 EETDespite softening market, Fortaco stays committed for building long-term growth through acquisitions   This release is a summary of Fortaco Group Holdco Plc’s Half-Year Review January-September 2023. The full release is attached and available on our website at https://investors.fortacogroup.com. In this report, figures in parentheses refer to the corresponding period from the previous fiscal year, except where explicitly noted otherwise. Formulas for calculating alternative performance metrics, along with

Fortaco Group Holdco Plc’s financial reporting in 2024

Fortaco Group Holdco Plc Stock Exchange Release 29 November 2023 at 3:00 p.m. EETFortaco Group Holdco Plc will publish the following financial reports during 2024: · Financial Statements Bulletin regarding 2023, on 29 February 2024 · Interim Review January-March 2024, on 27 May 2024 · Half-year Report January-June 2024, on 26 August 2024 · Interim Review January-September 2024, on 28 November 2024 Financial reports are available on Fortaco’s website at investors.fortacogroup.com promptly after the publishing. The website also provides a possibility to register on Fortaco’s

TATA AutoComp & Fortaco Group unveils cutting-edge cabin facility

Fortaco Group, a strategic partner to the heavy off-highway equipment and marine industries, is proud to announce the inauguration of Tata AutoComp manufacturing facility for the state-of-the-art vehicle cabins in Pune, India. The inauguration ceremony took place on 7 November 2023 at TATA AutoComp’s Composite Division Manufacturing Facility. The representatives from key customers, TATA AutoComp, and Fortaco attended the event. TATA AutoComp and Fortaco Group will provide safe and ergonomic vehicle cabins to the Indian and Asian markets. Safety cabin manufacturing is made by TATA

Fortaco Group acquired 100 per cent of Buisard Cabins

Fortaco Group and Buisard Cabins have joined forces. At the end of 2021, we established a strategic alliance with a minority share of Buisard and today, Fortaco acquired the remaining part of shares and reached 100 per cent ownership. Through this acquisition, Fortaco is further expanding its geographical footprint and position as one of the leading vehicle cabin technology and manufacturing partners in Europe and India. The combined net sales of our cabin business is more than 200 MEUR, while the total net sales of Fortaco Group is over 450 MEUR, including the impact of the latest M&As

Fortaco Group has completed the acquisition of MauserCABS

Fortaco Group Holdco Plc, Press Release, 6 September 2023 at 07:00 p.m. EETOn 26 May 2023, Fortaco Group Holdco Plc (“Fortaco”) announced that its fully-owned affiliate has signed an agreement on the acquisition of the entire share capital of Walter Mauser GmbH (“MauserCABS”), a high-precision manufacturer of safety cabins operating in international markets. The acquisition has been completed today. MauserCABS will be reported as a part of Fortaco Group as of 6 September 2023. With this acquisition, Fortaco is broadening its cabin technology offerings in Europe, India, and the US.

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